Escalation in the Middle Eastern Conflict Pushes DAX Well Below the 25,000 Point Mark - Chip Stocks Under Pressure Following Weak Indicators from Asia - Carl Zeiss Meditec Firm After Upgrade - Basler In Demand After Warburg Study - Lufthansa Suffers from Rising Oil Prices and Citigroup Downgrade - Beam Therapeutics in Focus After HC Wainwright Study!
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The DAX presents itself in the middle of the week after the renewed escalation in the Middle Eastern conflict with more significant losses. The evening before, the US military had again carried out strikes on targets in Iran after Iran had previously attacked several merchant ships in the Strait of Hormuz. Following a initially weak start to trading, the DAX had to extend its losses amid rising oil prices and is currently trading at midday with -2.4% significantly below the 25,000 point mark. Among the few winners in an otherwise dull market...
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